Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD was previously trading within a clearly defined downward channel, marked by consistent lower highs and lower lows. This structure reflected controlled bearish pressure, where sellers maintained dominance but price action remained technical and orderly. Each corrective rally toward the upper boundary of the channel was met with selling interest, confirming the validity of the bearish trend and the strength of supply at higher levels. As price approached the lower boundary of the descending channel, downside momentum began to weaken. Sellers struggled to extend the move lower, and EURUSD started forming a base. This loss of bearish strength ultimately resulted in a decisive breakout above the downward channel, signaling a potential trend shift rather than a simple correction.
Currently, price broke out of the consolidation range to the upside and held above the reclaimed support, reinforcing bullish intent. The market is now trading above a rising trend line, with higher lows forming, indicating that buyers are gradually gaining control. Overall, EURUSD is transitioning from a bearish structure into a bullish continuation phase, supported by strong structural reclaim and healthy consolidation.
My Scenario & Strategy
My primary scenario favors bullish continuation, as long as EURUSD holds above the key Support Zone and continues to respect the rising trend line. The successful breakout from the downward channel, followed by consolidation and another upside breakout, suggests that the prior bearish move has been exhausted and that sellers are losing control. From a structural perspective, the inability of price to break back below support confirms that recent pullbacks are corrective rather than impulsive. As long as price remains above support, dips are viewed as potential continuation setups within a developing uptrend. The next key upside objective is the Resistance Zone around 1.1970, which aligns with previous resistance and a major supply area. This level represents a logical TP1, where partial profits can be considered and where sellers may attempt to defend the level. A clean breakout and acceptance above this resistance would confirm further bullish expansion and open the door for higher targets.
However, if EURUSD fails to hold above the support zone and breaks decisively below the rising trend line, the bullish scenario would be invalidated, and the market could rotate back into a deeper correction or range. Until such a breakdown occurs, the overall bias remains bullish, with structure favoring continuation to the upside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Market Analysis
EURUSD was previously trading within a clearly defined downward channel, marked by consistent lower highs and lower lows. This structure reflected controlled bearish pressure, where sellers maintained dominance but price action remained technical and orderly. Each corrective rally toward the upper boundary of the channel was met with selling interest, confirming the validity of the bearish trend and the strength of supply at higher levels. As price approached the lower boundary of the descending channel, downside momentum began to weaken. Sellers struggled to extend the move lower, and EURUSD started forming a base. This loss of bearish strength ultimately resulted in a decisive breakout above the downward channel, signaling a potential trend shift rather than a simple correction.
Currently, price broke out of the consolidation range to the upside and held above the reclaimed support, reinforcing bullish intent. The market is now trading above a rising trend line, with higher lows forming, indicating that buyers are gradually gaining control. Overall, EURUSD is transitioning from a bearish structure into a bullish continuation phase, supported by strong structural reclaim and healthy consolidation.
My Scenario & Strategy
My primary scenario favors bullish continuation, as long as EURUSD holds above the key Support Zone and continues to respect the rising trend line. The successful breakout from the downward channel, followed by consolidation and another upside breakout, suggests that the prior bearish move has been exhausted and that sellers are losing control. From a structural perspective, the inability of price to break back below support confirms that recent pullbacks are corrective rather than impulsive. As long as price remains above support, dips are viewed as potential continuation setups within a developing uptrend. The next key upside objective is the Resistance Zone around 1.1970, which aligns with previous resistance and a major supply area. This level represents a logical TP1, where partial profits can be considered and where sellers may attempt to defend the level. A clean breakout and acceptance above this resistance would confirm further bullish expansion and open the door for higher targets.
However, if EURUSD fails to hold above the support zone and breaks decisively below the rising trend line, the bullish scenario would be invalidated, and the market could rotate back into a deeper correction or range. Until such a breakdown occurs, the overall bias remains bullish, with structure favoring continuation to the upside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
액티브 트레이드
The Euro shows that it continues the accumulation phase before the next move, so we are watching for further manipulations.노트
We see that the price of the euro fell below the support but buyers pushed it back when it approached the trend line. Let's look at the situation again. Maybe buyers are becoming more active now.매매 수동청산
The euro price started to decline after breaking out of the range zone. So we will analyze it again.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ t.me/ratner_1
❤️Welcome to my telegram channel👉🏼 t.me/ratner_trading
❤️Welcome to my telegram channel👉🏼 t.me/ratner_trading
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.